Ceepower Co., Ltd. engages in the research and development, production, and sale of intelligent power transmission and distribution equipment in China and internationally. The company offers pre-molded cable connectors, cable branch boxes, indoor or outdoor main ring units, high and low voltage switchgear kits, box-type substations, and power quality management devices; primary and secondary equipment for power transmission and distribution system, such as FTU, DTU, etc; and green energy products, charging equipment for electric vehicle, equipment for photovoltaic power generation system, etc. It also provides cable accessories and solar products; transformers, rectifiers and inductors, capacitors and ancillary equipment, power distribution switch control equipment, and power electronic components; and photovoltaic silicon materials, photovoltaic silicon wafers, photovoltaic cells, photovoltaic modules, photovoltaic auxiliary materials, photovoltaic inverters, and photovoltaic power generation systems. The company's services include electric equipment manufacture, total package of EPC project for power system, contribution and operation of BOT and PPP projects, etc. Its products are used in power distribution, petrochemical power, urban rail transit, and electrified railway systems, as well as metallurgical enterprises and other industries. The company was formerly known as Fujian CEE Installations Co., Ltd. and changed its name to Ceepower Co., Ltd. in December 2015. Ceepower Co., Ltd. was founded in 1999 and is based in Fuzhou, China.
Ceepower Dividend Announcement
• Ceepower announced a annually dividend of ¥0.02 per ordinary share which will be made payable on 2024-05-24. Ex dividend date: 2024-05-24
• Ceepower annual dividend for 2024 was ¥0.02
• Ceepower annual dividend for 2023 was ¥0.01
• Ceepower's trailing twelve-month (TTM) dividend yield is 0.36%
• Ceepower's payout ratio for the trailing twelve months (TTM) is 114.45%
Ceepower Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-24 | ¥0.02 | annually | 2024-05-24 |
2023-06-08 | ¥0.01 | annually | 2023-06-08 |
2022-06-08 | ¥0.01 | annually | 2022-06-08 |
2021-06-18 | ¥0.02 | annually | 2021-06-18 |
2020-06-19 | ¥0.02 | annually | 2020-06-19 |
2019-05-17 | ¥0.04 | annually | 2019-05-17 |
2017-05-10 | ¥0.10 | annually | 2017-05-10 |
2015-05-28 | ¥0.10 | annually | |
2013-07-17 | ¥0.10 | annually | |
2012-07-30 | ¥0.13 | annually | |
2011-05-16 | ¥0.25 | annually |
Ceepower Dividend per year
Ceepower Dividend growth
Ceepower Dividend Yield
Ceepower current trailing twelve-month (TTM) dividend yield is 0.36%. Interested in purchasing Ceepower stock? Use our calculator to estimate your expected dividend yield:
Ceepower Financial Ratios
Ceepower Dividend FAQ
Other factors to consider when evaluating Ceepower as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Ceepower's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Ceepower publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Ceepower distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Ceepower are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Ceepower sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Ceepower distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Ceepower declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Ceepower's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Ceepower's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.